Constantine Received Dividends on His Stock from a Major Corporation

question 55

Multiple Choice

Constantine received dividends on his stock from a major corporation. What must Constantine, as a shareholder, now do?

• A) Pay taxes on the dividends received.
• B) Send a statement to the corporation within 30 days of intent to appeal the dividend amount.
• C) Declare the dividend to the state corporation commission as received.
• D) Hold onto the dividend amount until the federal government reviews the dividend paid
• E) do nothing, the dividend is a bonus to the shareholder that has no other liabilities attached.

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Definitions:

Scope Creep

An ever-changing set of requests from clients for additional features as they wait longer and longer to see a working prototype.

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water.

Sunlight Radiation

The spectrum of electromagnetic radiation emitted by the sun, including visible light, ultraviolet light, and infrared radiation, which is essential for life on Earth.

Visible Light

The portion of the electromagnetic spectrum that is visible to the human eye and is responsible for the sense of sight.